BREAKING: Gary Neville warns Apollo ‘they won’t be welcome in Manchester’, says a partial sale of United to the Glazers is ‘totally unacceptable’, ‘U.S. money won’t go elsewhere’ It’s a greater danger than anything else,” he said.
- Gary Neville took to Twitter early Friday morning to share his Manchester United ownership story
- The Old Trafford hero has long been a bitter critic of the Glazers
- Neville controversially said US money was the biggest danger to British football
Gary Neville has lashed out at news that the Glazer family are considering selling their stake in Manchester United to US investment fund Apollo.
Old Trafford hero Neville wrote on Twitter early on Friday:
“Apollo is mentioned, but you should know that it is not welcome in Manchester.”
He continued:
“England’s ownership model needs to change and US money is a greater danger than any other international currency. We need a regulator ASAP!”
Gary Neville told US investment firm Apollo he would not be welcome in Manchester
Sportsmail exclusively revealed this week that New York-based private equity group Apollo is in talks with the Glazer family to acquire a minority stake in United.
Discussions between the Glazers and the US company have focused on how much money the family will make from their shares, and there are no immediate plans to inject new money into the club.
The news hits long-suffering fans in hopes that new investors will either inject the money needed to revamp the Old Trafford and Carrington training grounds or provide a bigger transfer kitten. will give
Neville’s comment that US money is the biggest danger to English football seems controversial. Newcastle was bought by a Saudi-led consortium last year amid criticism from organizations such as Amnesty International over sportswashing and the country’s human rights record.
Meanwhile, other American owners have found success on the English side. For example, United’s fierce rivals Liverpool.
Liverpool owner John Henry and Fenway Sports Group have not always made popular decisions at Anfield, and have been forced to make a U-turn by angry fans. ‘s Jürgen Klopp spoke passionately about them, eventually renovating Anfield and overseeing Champions League and Premier League victories.
Additionally, Los Angeles Dodgers owner Todd Vorley recently bought Chelsea after his predecessor Roman Abramovich froze assets due to his ties to Russian President Vladimir Putin.
Negotiations with Apollo center around how willing four members of the Glazer family, Kevin, Brian, Darcy, and Edward Glazer, are to receive their share.
Unlike brothers Joel and Avram Glazer, who have no intention of relinquishing overall ownership or day-to-day control of United, they want to.
Each of the six brothers owns an equal number of United shares and, importantly, 97% of the voting rights between them. Certain shares are also traded on the New York Stock Exchange, but with significantly diluted voting rights.
Manchester United fans pressuring Glazer family to sell club
Anti-Glazer protests gain new impetus before United face Liverpool
British billionaire Sir Jim Ratcliffe has also expressed interest in a takeover, with hopes among United supporters that the club’s despised American owner may finally decide to sell. It is rising.
Amid heavy security around Old Trafford, the anti-Glazer protests ahead of Monday’s Liverpool clash have given new impetus. The same fixture was postponed last year after angry demonstrations.
On Thursday, a group of fans dedicated to targeting United’s sponsors and damaging the Glazers’ revenue stream sent a letter to Apollo threatening to damage the company’s reputation if it didn’t walk away from negotiations.
United’s problems off the pitch were exacerbated by losing the first two games of the Premier League season under new manager Eric ten Hag.
After a 2-1 loss to Brighton, a 4-0 loss to Brentford left United bottom of the Premier League.
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